Shocking: US Airlines income down by almost 90% – COVID-19 GDP hits on Europe
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I was looking at a chart about US airlines and their income now after COVID. It’s insane. Some are down from over $12 billion to $1.5 billion.
The damage the Western world’s economies are suffering from this idiotic, stupid lockdown is beyond insane. I was looking at charts of lockdown effects on Europe. The hardest hit countries seem to be those which function a lot on tourism. The main ones taking big GDP hits are: France, Italy and Spain. As you go further north, to Germany, etc … The GDP hits are a lot less.
This is worse than the 1929 stock market crash.
There is however something of a good side to parts of this though. But this entire scenario was TOTALLY NEEDLESS.
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